Summit Trail Advisors LLC Sells 577 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Summit Trail Advisors LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,043 shares of the company’s stock after selling 577 shares during the period. Summit Trail Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $232,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC boosted its holdings in Schwab US Dividend Equity ETF by 4.7% during the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after acquiring an additional 503,970 shares during the period. Avantax Advisory Services Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 3.7% during the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after purchasing an additional 266,516 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Schwab US Dividend Equity ETF by 2.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock valued at $408,896,000 after buying an additional 145,168 shares during the last quarter. JPMorgan Chase & Co. increased its position in Schwab US Dividend Equity ETF by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock worth $307,736,000 after buying an additional 95,086 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of Schwab US Dividend Equity ETF by 11.8% during the third quarter. Royal Bank of Canada now owns 4,280,883 shares of the company’s stock worth $302,916,000 after buying an additional 451,744 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $78.51 on Thursday. The firm has a fifty day moving average price of $78.35 and a two-hundred day moving average price of $75.63. The company has a market cap of $54.92 billion, a PE ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $80.82.

About Schwab US Dividend Equity ETF

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.